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Aben Commences Drill Program at the Chico Gold Project in Saskatchewan
VANCOUVER, British Columbia, March 01, 2018 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to ann
About this update from Aben Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, March 01, 2018 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce that they have received the 2018 exploration permit from the Government of Saskatchewan and has commenced mobilization for camp construction at their 4,656 hectare Chico Gold Project. The drill program, expected to begin on March 9th, will initially comprise 1200 metres in 4-5 drill holes with a provision to increase to 2000 metres should the proposed holes encounter significant mineralization as anticipated. The drill locations have been chosen based on strong coincident geophysical and geochemical anomalies within geologic units that are highly prospective for precious metal mineralization. A recently completed Induced Polarization (“I.P”) Geophysical Survey has revealed numerous high-priority drill targets including a strong and relatively shallow chargeability anomaly that has never been drill tested. Chico drilling activity is expected to be conducted concurrently with a 10,000m winter drill program to be carried out by SSR Mining Inc. on the Fisher Property, located 6km north of Chico. Video representations of the 2017 Geophysical IP survey: https://www.youtube.com/watch?v=vQPSgr-g0Vg and https://www.youtube.com/watch?v=zBen-X8HFzI The Chico Property is host to three distinct and parallel structural zones that host high grade gold mineralization in both surface samples and historic drill intercepts. All three gold-bearing zones will be tested during the upcoming drill program. The Chico mineralized structural corridor extends in excess of 1400 metres along strike and spans up to 150 metres in width with several mineral occurrences contained within. Highlights include: High grade intercepts from historic drilling include 14.5 grams/tonne (g/T) (0.424 oz/ton) gold over 0.4m at Chico showing and 9.6 g/T (0.281 oz/ton) gold over 2.0m at Royex showing Hole MW93-20 returned five significant intercepts ranging from 0.51 g/T gold over 1.5 metres, to 9.6 g/T gold over 2 metres, including 36.3 g/T gold over 0.5 metres (AR 63M06-0041) Surface sampling on the project has produced hand samples that contained 113.5 g/T gold (3.31 oz/ton) and 76.5 g/T gold (2.23 oz/ton) Mineralized shear zones with quartz veining that define the Chico Zone are hos...